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Oct 27, 2012
10/12
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for how the economy, the gdp, how the economy did in the third quarter, so, you know, it's possible that they will have some talking points around that but at this point in a campaign, they don't want to say anything new, ali. they don't want to move it. right now the campaign is at the subterranean level. it is about getting out their vote es and they don't want to, you know, they don't want to say anything new that people have time to kind of, you know, throw targets -- throw arrows at the target. >> i think you're exactly right. that's the frustration we're hearing. sure, mark, it's a small number of undecided voters in a small number of states that are undecided. tell us about who these undecideds are. in a tight race, a race that's this tight they could make the difference. it could be a get out the vote operation or some nuance in the campaign. is this typical and how tight is it? >> ali, let's even make it a little bit more complicated. there's a subset of the undecided voters, the uncommitted voters. there's probably about 1%, 2%, 3% of the nation that is undecided. folks th
for how the economy, the gdp, how the economy did in the third quarter, so, you know, it's possible that they will have some talking points around that but at this point in a campaign, they don't want to say anything new, ali. they don't want to move it. right now the campaign is at the subterranean level. it is about getting out their vote es and they don't want to, you know, they don't want to say anything new that people have time to kind of, you know, throw targets -- throw arrows at the...
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Oct 14, 2012
10/12
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can tech come to the rescue? is the economy on track? the danger of making a big concept through simple metaphors. all of that with kari byron and others here on "press: here." >> good morning. when someone is shot to death, detectives know there will be many eyewitnesses but little cooperation, which is why oakland recently launched an unanimous tip by text system. >> open the door! open the door! >> the tip by text system allows anyone to send in information from a smartphone and for detectives to continue that conversation with the authenticated original tipster without ever knowing who it is. it's one of the products offered by a silicon valley startup with more than 4,500 police agencies as clients including lapd and santa cruz. it's more than just a tip line. it's also a communications system allowing law enforcement to send citizens alert by e-mail, by tweet, by text and by iphone app all localized by neighborhood. eric leu is from nixel. there is potential here to revolutionize the way people are police and the way police do thei
can tech come to the rescue? is the economy on track? the danger of making a big concept through simple metaphors. all of that with kari byron and others here on "press: here." >> good morning. when someone is shot to death, detectives know there will be many eyewitnesses but little cooperation, which is why oakland recently launched an unanimous tip by text system. >> open the door! open the door! >> the tip by text system allows anyone to send in information from a...
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cash injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in. one way or another. then i think that it was a boost to the economy because they could increase their spending and therefore s
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private...
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Oct 20, 2012
10/12
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FOXNEWS
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but that is the driver in the economy... you just made a point i wanted to make, in florida, and nevada they had another issue, the housing bubble, that is -- and, it is these policies that governors are coming out with, lower taxes, less regulations, and let businesses flourish and guess what? it is businesses who do the hiring, and, the permanent hiring. not the tax burden government, governments, are hiring, from taxpayer dollars, right now, things are getting much much better and if housing gets better you will see florida flourish like you afternoon in years, the expectation here. >> susan, john made another good point about the fact that the majority in these swing states are republican governors, what does it tell you? >> you know what? 41 states had lower rates of unemployment this month. it is not just about the swing states and i would contest jonas's point, look at my beloved home state of new jersey, governor christie saw unemployment rising under his tenure, 9.8%, now, 2%, over the national average, that was not
but that is the driver in the economy... you just made a point i wanted to make, in florida, and nevada they had another issue, the housing bubble, that is -- and, it is these policies that governors are coming out with, lower taxes, less regulations, and let businesses flourish and guess what? it is businesses who do the hiring, and, the permanent hiring. not the tax burden government, governments, are hiring, from taxpayer dollars, right now, things are getting much much better and if housing...
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Oct 27, 2012
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will not hurt the economy. >> you just described barack obama's view of the economy. but -- >> i think i did it fairly. >> but one of the big problems is that people who are these so-called rich people are people who use their excess capital to employ other people. so, it will impact the job creation in the country. the other thing that seems like he really doesn't understand is that, first of all, 200,000 didn't an individual earning 200,000 is not -- whenever he talk about the millionaires and billionaires. >> two earning couples and a lot of high cost states don't feel rich. >> that's the middle class family, and a lot of people own stocks in their pension accounts so those people are very middle class people and they're going to get hit with the taxes. >> the important point to stress, dan, is unless congress acts and the president signs it, whether the president is mitt romney or barack obama, these tax increases are going to take place. so something has to give or we all jump off that cliff together. >> not only do we all jump off. it's interesting the way we ta
will not hurt the economy. >> you just described barack obama's view of the economy. but -- >> i think i did it fairly. >> but one of the big problems is that people who are these so-called rich people are people who use their excess capital to employ other people. so, it will impact the job creation in the country. the other thing that seems like he really doesn't understand is that, first of all, 200,000 didn't an individual earning 200,000 is not -- whenever he talk about...
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Oct 1, 2012
10/12
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saying on the campaign trail about the economy. good evening. >> hi there, bret. a central premise of the obama campaign is he inherited an economy in freefall. pulled it back from the brink and set it on the right path. but consider this. the economy fell in to recession more than a year before mr. obama took office. by the time he was inaugurated the worst of it was over. the economy was still shrinking but the steepest decline had occurred in the time quarter of 2008. it shrank less in first quarter of 2009. by june of 2009 it began to grow again, marking the official end of the recession. mind you this occurred before almost any of the massive stimulus spending mr. obama signed in to law had taken effect. yes, you might say in terms of the job losses the worst was still to come when mr. become become came in. that is not so either. more than half the 8.7 million jobs lost as a result of the recession had been lost by inauguration day. the president inherited an economy still in recession all right. but the recovery came before
saying on the campaign trail about the economy. good evening. >> hi there, bret. a central premise of the obama campaign is he inherited an economy in freefall. pulled it back from the brink and set it on the right path. but consider this. the economy fell in to recession more than a year before mr. obama took office. by the time he was inaugurated the worst of it was over. the economy was still shrinking but the steepest decline had occurred in the time quarter of 2008. it shrank less in...
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Oct 26, 2012
10/12
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CNN
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the economy? sure. remember, next friday, a week from today, you have one more big, big number to come out. that is the october unemployment report. it will be the last national jobs report before we have the elections, suzanne. >> paul, something we have heard of the last couple of days, romney kind of retooling his stump speech. he is focussing more on these stories about families who are struggling and hard economic times, and really it kind of feels like he is taking a page from bill clinton's i feel your pain approach. do we expect that we're going to hear more of that today and less about the specifics about, like, tax loopholes and deductions that he would eliminate to really make his plan move forward and work? >> very good point. we've seen that surface from the speech, and, yep, there are a lot of those kind of personal stories. you'll hear mitt romney talk about a lot of people that he has met over the last year and a half on the campaign trail and how they're struggling. take a look at
the economy? sure. remember, next friday, a week from today, you have one more big, big number to come out. that is the october unemployment report. it will be the last national jobs report before we have the elections, suzanne. >> paul, something we have heard of the last couple of days, romney kind of retooling his stump speech. he is focussing more on these stories about families who are struggling and hard economic times, and really it kind of feels like he is taking a page from bill...
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Oct 26, 2012
10/12
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grow the economy. according to a "washington post" poll out yesterday, people agree with him. voters give him a nine point advantage over president obama on the economy. governor romney also co-opting on the campaign trail, part at least, president obama's message from his 2008 campaign about change. watch this. >> we have a big election and it is time for a big change, to draw on the quality of the american heart, to come together, for republicans and democrats to finally reach across the partisan divide and reach, and reach a place where we come together for the american people. i know how to do that. >> reporter: governor romney talking more and more about bipartisanship on the campaign trail. reminding people when he was governor of massachusetts and had to deal with a legislature that was 85% democrat, martha. martha: that's right. we've got both sides trying to influence that middle voter who might still be undecided at this point. president obama recently came out with a pamphlet on his plan for
grow the economy. according to a "washington post" poll out yesterday, people agree with him. voters give him a nine point advantage over president obama on the economy. governor romney also co-opting on the campaign trail, part at least, president obama's message from his 2008 campaign about change. watch this. >> we have a big election and it is time for a big change, to draw on the quality of the american heart, to come together, for republicans and democrats to finally reach...
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Oct 3, 2012
10/12
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the services-sector of the economy picked up the pace of growth. institute of supply management non-manufacturing index increased to just above 55 last month, that's up almost a 1.5 from august. anything above 50 means business is expanding. today's positive news led to modest gains for wall street. the dow gained 12.5, the nasdaq is up 15, and the s&p gained five. >> susie: the job outlook is important not only for investors, but for voters and the presidential candidates who will be talking about jobs in their first debate tonight. joining us now is one of the economists who put together the data for today's jobs report: joel prakken, chairman of macro- economic advisers. you know, joel, we regularly get revisions on these kinds of statistics about the job market. so what is your take on the picture, the true picture of the job market? what do you think, is it perking up? >> recent data produced either by adp or the bureau of labor statistics suggests that employment is growing, but grudgingly slow. today's number, for example, from the adp natio
the services-sector of the economy picked up the pace of growth. institute of supply management non-manufacturing index increased to just above 55 last month, that's up almost a 1.5 from august. anything above 50 means business is expanding. today's positive news led to modest gains for wall street. the dow gained 12.5, the nasdaq is up 15, and the s&p gained five. >> susie: the job outlook is important not only for investors, but for voters and the presidential candidates who will be...
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their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it hits the rates presumably that means that during this recess and the gap between the rich in the poor why didn't even fire. that's that's already happening a real real incomes have been going down. because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at all especially in the wealthy areas and in fact they may be going up a bit so the worlds. of the wealthy has been well maintained but people who have relied on incomes from wages have been hit and of course there has been since the beginning of the. recession a very big rise in unemployment even more significant perhaps a very big rise in part time employment one of your col
their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it hits the rates presumably that means that during this recess and the gap between the rich in the poor why didn't even fire. that's that's already happening a real real incomes have been going down. because prices have been going up a bit and of course welfare...
SFGTV2: San Francisco Government Television
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Oct 8, 2012
10/12
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on the new collaborative economy. we're interested in it because it has aspects that have piqued our interest, about hoour environment, how to improve life for more people, how to make an expensive city more affordable to more people, how to utilize the strengths of the city as a great tourist city. how we can get more folks to come and experience the wonders of the city. maybe they will make their stake here. these panel members have decided to make their stake here. they risked reputation, may be small amounts of money. if they had a lot of money, they may not have had to start this. they have also done it for the right reasons. they want to experience the city in a different way, but one that is in the tradition of san francisco and is reflective of mine, welcoming more people to share in the economy. hopefully the right reasons will create more jobs and get more entrepreneurs involved. i have often said this can be the city for the 100%. everybody can have a chance to fulfill their dreams and make sure they can ha
on the new collaborative economy. we're interested in it because it has aspects that have piqued our interest, about hoour environment, how to improve life for more people, how to make an expensive city more affordable to more people, how to utilize the strengths of the city as a great tourist city. how we can get more folks to come and experience the wonders of the city. maybe they will make their stake here. these panel members have decided to make their stake here. they risked reputation,...
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Oct 3, 2012
10/12
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the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant margin in ohio. i think he is going to have to do something that reaches out to the state. just to pick up on what brit said about the economy i was interested to hear eric fehrnstrom decide the election twice as a choice. used to be that was supposed to be the way the obama campaign wanted to frame this thing. now that romney has embraced that, as opposed to the referendum thing, it does raise a little bit of self-imposed pressure on him to come up with as we were saying before the specifics about what it is that you would be c
the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a...
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Oct 6, 2012
10/12
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just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey or company survey. that shows 114,000 new jobs created in september. you are right. that's less than in august, less than in july. and the economy is showing every sign, at least from an employment perspective of slowing down and the number growing less. remember this, we need to create 150,000 new jobs a month just to stay even. that's how many -- 140- or 150,000 new job workers need to come to work every month. we are not creating the number of jobs to stay up with the population. think about this -- log at this rate do you think tell take to get back to the number o
just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey...
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Oct 21, 2012
10/12
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KGO
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the best way to grow the economy. george, everybody always knew that this was a tight race and that it was going to come down to a few states. every vote counts in these key battleground states. >> you talked about the choice right there. since the second debate, governor romney has been out on the stump saying that president obama has no agenda for a second term. take a look. >> don't you think that it's time for him to finally put together a vision of what he would do in the next four years if he were elected. i just think that the american people had expected that the president of the united states would be able to describe what he's going to do in the next four years, but he can't. >> he seems to be getting some traction with that argument, can you counter it? lay out exactly what president obama would do in a second term? >> sure. george, i think it's pretty clear, i make two points here, one, after a decade of war, both in afghanistan and iraq, the most important thing that we have to do now is bring american tr
the best way to grow the economy. george, everybody always knew that this was a tight race and that it was going to come down to a few states. every vote counts in these key battleground states. >> you talked about the choice right there. since the second debate, governor romney has been out on the stump saying that president obama has no agenda for a second term. take a look. >> don't you think that it's time for him to finally put together a vision of what he would do in the next...
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Oct 15, 2012
10/12
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ruined the economy in the first place. joining me now is the one and only carl bernstein. he's a former washington post reporter who helped break the watergate scandal. he's now a contributor to the daily beast. mr. bernstein, thank you for being here tonight. >> good to be here, al. >> what's the romney rationale for running? >> it is getting better. it's not getting better as most people would like. the real thing -- and the question that we need to ask is, what has kept the economy from really moving and is it republican obstructionism in washington? has the republican party in washington contributed to coming across and joining with democrats in ways to make the economy better? i think the answer is no. it's trying to inhibit the economy through it is ideology rather than trying to take the brakes off and give it a real chance to breathe. the real question is why. we've heard from republicans over the years, democrats soft on communism, whatever. this is a real radical party. rom snee a cap romney is captive of it to a
ruined the economy in the first place. joining me now is the one and only carl bernstein. he's a former washington post reporter who helped break the watergate scandal. he's now a contributor to the daily beast. mr. bernstein, thank you for being here tonight. >> good to be here, al. >> what's the romney rationale for running? >> it is getting better. it's not getting better as most people would like. the real thing -- and the question that we need to ask is, what has kept the...
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Oct 25, 2012
10/12
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the federal reserve's latest take on the economy. positive news on housing failed to bolster stocks, we'll have more on housing a little later in the program. as for stocks: the dow fell 25 points, the nasdaq lost nearly nine, and the s&p was down four. for the second time this month, federal prosecutors in new york have filed a civil lawsuit against a big bank over bad home mortgages. today's lawsuit goes after bank of america for at least one billion dollars in damages, alleging bank of america's countrywide financial unit duped the government into buying home loans destined to go bad. in the lawsuit, prosecutors said countrywide called its strategy "the hustle," designed to speed up mortgage loans by eliminating quality safe-guards. the hustle allegedly included mis-stated incomes for borrowers, inflated property appraisals and mis- representations of the property being bought. but at the same time, countrywide claimed it was making it more difficult to qualify for home loans. >> countrywide and bank of america systemically remove
the federal reserve's latest take on the economy. positive news on housing failed to bolster stocks, we'll have more on housing a little later in the program. as for stocks: the dow fell 25 points, the nasdaq lost nearly nine, and the s&p was down four. for the second time this month, federal prosecutors in new york have filed a civil lawsuit against a big bank over bad home mortgages. today's lawsuit goes after bank of america for at least one billion dollars in damages, alleging bank of...
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Oct 24, 2012
10/12
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KQED
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the economy in the u.s. may be nothing to brag about, but for many firms, it's actually one of the stronger markets. >> when they talk about weakness, the weakness is everywhere else but the united states, which highlights the united states possibly being the one beacon of hope. and that's where companies need to reinforce there strength in. >> reporter: companies are also trying to boost earnings by cutting costs and selling non- essential assets. others are using the weak quarter as an opportunity to clean up their balance sheets. >> everything but the kitchen sink. you are going to take every write-down, every mark down, everything that you can. get it out of the way, so you look better in the following quarter. >> reporter: but hopes are fading for a strong finish to the year. of the companies that have provided earnings guidance for the fourth quarter, 22 have been negative and only two have been positive. >> companies are already warning us not to expect too much from them for the fourth quarter. we've
the economy in the u.s. may be nothing to brag about, but for many firms, it's actually one of the stronger markets. >> when they talk about weakness, the weakness is everywhere else but the united states, which highlights the united states possibly being the one beacon of hope. and that's where companies need to reinforce there strength in. >> reporter: companies are also trying to boost earnings by cutting costs and selling non- essential assets. others are using the weak quarter...
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Oct 1, 2012
10/12
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CNBC
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the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is about where we think it ought to be. low enough so that it doesn't create major problems for businesses, markets and so on, but high enough that we stay away from the deflation boundary which is risky. the other thing which has been important is getting to your banking system and recapitalizing it and getting it back into operation as soon as possible. japanese took a while to do that. for a period of time their banks were not extending credit. not for a number of years. financial crises are difficult for anybody. i don't mean in any way to minimize the difficulties. but what we tried to do in the united states was to address the problem of bank capital very early. in the spring of 2009 when the economy was still deep in recession, financial crisis was still going on, the federal reserve led an effort to stress test all the largest bank holding comp
the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is about where we think it ought to be. low enough so that it doesn't create major problems for businesses, markets and so on, but high enough that we stay away from the deflation boundary which is risky. the other thing which has been important is getting to your banking system and recapitalizing it and getting it back into operation as soon as...
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Oct 26, 2012
10/12
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CNBC
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reverberating through the economy. a new report by the national association of manufacturers says that if congress doesn't reach a deal to avoid the cliff, then about 6 million jobs will be destroyed through 2014. it expects the unemployment rate to soar if that happens to almost 12%. the nation's ceos also of course on the fiscal war path yesterday. we spoke to one of those 80 who are calling for congress to take action. today jpmorgan's chief jamie dimon continues the drumbeat in asia. >> the underlying strength of the economy is actually pretty good. corporations, no market size companies, consumers are in better shape. housing is turning. it isn't as strong as anyone would want. what's really, really important is good policy. we need good policy in the united states. think of a fiscal deal, simpson-bowles type deal. i think that would make all the difference. we would urge anyone who becomes president to try to get some of that done quickly. >> clearly a lot of attention there. there's also concern that another are
reverberating through the economy. a new report by the national association of manufacturers says that if congress doesn't reach a deal to avoid the cliff, then about 6 million jobs will be destroyed through 2014. it expects the unemployment rate to soar if that happens to almost 12%. the nation's ceos also of course on the fiscal war path yesterday. we spoke to one of those 80 who are calling for congress to take action. today jpmorgan's chief jamie dimon continues the drumbeat in asia....
WHUT (Howard University Television)
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Oct 25, 2012
10/12
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WHUT
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who really is at the center of spurring the economy for the middle class. education. pel grants for students who are going through matriculating in educational universities across the country. we got to get people in the pipeline and incentives to the small businesses to hire people. >> four years to do it, why has he not done it. >> let us know what you think. please follow me on twitter. from women's votes to women's safety. >> a female college student's account of her sexual assault on campus has gone viral. in the amherst student newspaper, former student angie epifano wrote that school officials downplayed her allegations of rape. epifano says when she eventually decided to report the incident, she met with resistance from the school's sexual assault counselor, even hearing "are you sure it was rape?". meanwhile, at miami university, ohio, students circulated a flier touting the "top 10 ways to get away with rape" through a co-ed dorm. the department of justice estimates one in five college women will be sexually assaulted. >> so are we doing enough in
who really is at the center of spurring the economy for the middle class. education. pel grants for students who are going through matriculating in educational universities across the country. we got to get people in the pipeline and incentives to the small businesses to hire people. >> four years to do it, why has he not done it. >> let us know what you think. please follow me on twitter. from women's votes to women's safety. >> a female college student's account of her...
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the economy takes center stage. we'll find out what president obama and mitt romney have to say to win voters. >>> bald may or may not be beautiful. it is in the eyes of the beholder but is it all powerful? will it could give some men a big advantage in business. even when they say it's not, it is always about money. melissa: let's take a look at the day's market headlines. a choppy day for stocks. better than expected data from adp on private sector jobs and unexpected rise in service sector activity. din actually give a boost to wall street. the dow rose 12 points. meanwhile shares of hewlett-packard plunging to a nine-year low. ceo meg whitman warned profit and revenue will fall through the coming fiscal year. whitman says, the company's ongoing turn around effort is causing the gloomy outlook. >>> shares of netflix leaping more than 8%. a top citigroup analyst gives the company a strong outlook saying it is due to improved satisfaction among netflix subscribers. finally. take a look at that stock though, on fire
the economy takes center stage. we'll find out what president obama and mitt romney have to say to win voters. >>> bald may or may not be beautiful. it is in the eyes of the beholder but is it all powerful? will it could give some men a big advantage in business. even when they say it's not, it is always about money. melissa: let's take a look at the day's market headlines. a choppy day for stocks. better than expected data from adp on private sector jobs and unexpected rise in service...
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Oct 8, 2012
10/12
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KRCB
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the trouble with talking nonsense about the economy." >> when was the last time the economy took you out to eat? yeah, me neither. yet to hear us tell it, you'd swear the economy is our crotchety uncle. we say, r example, the economy is suffering. were concerned it is unhealthy and justify not expanding social welfare programs because the economy will get skittish. this language obscures the actual people who suffer, are made unhealthy or cannot recover because our recovery bill is inadequate to meet national needs. not only on the receiving end does our language not mention people. when we say the unemployment rate rose we imply its like the baromeic pressure: a self- propelled agent that moves at whim. in fact, corporate bosses elect to ship jobs overseas. politicians decide that getting rid of teachers, fire fighters and police officers will somehow magically make the economy happy. and those decisions make more of us unemployed. if we hope to emerge from the wall street made mess that crashed our economy were going to have to name names. a small cabal extracted record wealth impo
the trouble with talking nonsense about the economy." >> when was the last time the economy took you out to eat? yeah, me neither. yet to hear us tell it, you'd swear the economy is our crotchety uncle. we say, r example, the economy is suffering. were concerned it is unhealthy and justify not expanding social welfare programs because the economy will get skittish. this language obscures the actual people who suffer, are made unhealthy or cannot recover because our recovery bill is...
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Oct 15, 2012
10/12
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CSPAN2
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eye 79
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to grow the economy. and so in the new hampshire senate working with governor lynch we put together job training programs, the new hampshire working program, collaboratively with employees and labor unions, and those programs moved our state forward. that that's the approach i'd take as governor. >> moderator: mr. lamontagne, you have 30 seconds for a rebuttal. lamontagne: there's a sharp distinction on where my opponent stands, i stand for freedom and liberty for our workers. and that's an important issue for not only the workplace, but also new hampshire as a state. and i would submit to any viewer that wants to know more about right to work to take a look at the states that, in fact, have right to work in them. we'd be the first state north of virginia, east of indiana to be a right-to-work state, we'd be the only state in our region. we would be a magnet for new businesses to come here, and it's part of the economic development and recovery of new hampshire. >> moderator: ms. hassan, if you would like
to grow the economy. and so in the new hampshire senate working with governor lynch we put together job training programs, the new hampshire working program, collaboratively with employees and labor unions, and those programs moved our state forward. that that's the approach i'd take as governor. >> moderator: mr. lamontagne, you have 30 seconds for a rebuttal. lamontagne: there's a sharp distinction on where my opponent stands, i stand for freedom and liberty for our workers. and that's...
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Oct 28, 2012
10/12
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FBC
tv
eye 54
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the government says the economy expanded at 2% in the third quarter. better than the zero expected number. do you think that' good? well, until you realize the improvement is largely due to government spending. take a look. that's federal spending, nine and a half% up. you have to go back more than two yearsto beat that when federal non-defense spending jumped sharply and back even further to the deaths of the recession and the height of stimulus spending to see a similalagain. that, my friends, is the trajectory. you know what, smoke and mirrors. government spending is not the same thing as company's small and large expanding, growing, selling, generating revenue. prate sector revenues come from people illingly buying products. government spending is financed by compulsive tory lead to the tax system of fines. one definitely is better than the other is a source of economic growth. here is the white house statement about this report. the economy is moving in the right direction. right direction? shame on you, mr. krueger. we have yet to open up the thr
the government says the economy expanded at 2% in the third quarter. better than the zero expected number. do you think that' good? well, until you realize the improvement is largely due to government spending. take a look. that's federal spending, nine and a half% up. you have to go back more than two yearsto beat that when federal non-defense spending jumped sharply and back even further to the deaths of the recession and the height of stimulus spending to see a similalagain. that, my...
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cross out the future of the global economy i'm joined by. in london he is the director of international and in chicago we cross to chris he's an adjunct assistant professor at the school of the art institute of chicago all right gentlemen crosstalk rules in effect and that means you can jump anytime you want and we go to london first see joe what do you think about the i.m.f. had to say because i read the language in there real he worried here this is not just a bump in the road this is very serious so for a lot of people in the world the great recession is a political still it's not over it's still going on. no certainly what we're seeing is balance back from advanced nation to emerging nations and back again to advanced nations we're seeing the negativity that was initially merged by the structural problem that was seen in europe which is affected the export conditions of these emerging nations and now it's hurting the advanced nations again on top of we've got the structural problem that's exacerbating as long with the reason problems and
cross out the future of the global economy i'm joined by. in london he is the director of international and in chicago we cross to chris he's an adjunct assistant professor at the school of the art institute of chicago all right gentlemen crosstalk rules in effect and that means you can jump anytime you want and we go to london first see joe what do you think about the i.m.f. had to say because i read the language in there real he worried here this is not just a bump in the road this is very...
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Oct 28, 2012
10/12
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WRC
tv
eye 249
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think about the economy now. something like 65% of the american people have them. the stock market has been drifting down. it's very close to the 13,000 mark. if it falls over the next nine or 10 days, that may not be very good for obama. if it comes back over the next nine or 10 days, it may be -- chris: it's been doing that back and forth. black swan ideas? >> you can always wonder if there's going to be some big catastrophic event overseas that creates a crisis that allows a president to look presidential. my sense is that romney and obama are now so close in foreign policy positions, you would have less of an impact. so i think the exogenous factors is the economic numbers. and i think kelly had it right. that if you get an uptick in unemployment, from where it was, that is a big problem for the president. >> we're going to get other economic figures next week. we'll get a key read on manufacturing and saw the g.d.p. figures come in ok. chris: 22 r -- 2%. finally. >> the black swan is europe. and it doesn't l
think about the economy now. something like 65% of the american people have them. the stock market has been drifting down. it's very close to the 13,000 mark. if it falls over the next nine or 10 days, that may not be very good for obama. if it comes back over the next nine or 10 days, it may be -- chris: it's been doing that back and forth. black swan ideas? >> you can always wonder if there's going to be some big catastrophic event overseas that creates a crisis that allows a president...
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Oct 26, 2012
10/12
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FBC
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the economy is growing 2%. stuart: i think the obama administration is going to try to spin this, as positive. 2% in the summer and better than the spring. we've got that. you look inside the number, i see a big jump in federal government spending up 9.6%, you're going to have people who say, they juiced the numbers. they knew it was the last big picture report before the election and release all of this federal money and juice it up and give awes better growth rate and you say what? >> hey, they could have done that, stuart. i don't know. but, if you take out government, we still grew 1.3-- 1.6%, which is right in line with basically what we've seen over the past three and a half years, about 2% growth. that's about it. and here is how i think we get to that 2% growth. on one side, we have these great new inventions, that nothing to do with the government. the clouds, the smart phones, the tablets, this was not built by government. this was built by, heck, steve jobs for one, but others and it's an amazing new
the economy is growing 2%. stuart: i think the obama administration is going to try to spin this, as positive. 2% in the summer and better than the spring. we've got that. you look inside the number, i see a big jump in federal government spending up 9.6%, you're going to have people who say, they juiced the numbers. they knew it was the last big picture report before the election and release all of this federal money and juice it up and give awes better growth rate and you say what? >>...
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Oct 6, 2012
10/12
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MSNBC
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eye 130
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, the economy was in freefall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to dig out of. we're not there but we're doing as good as we can expect to be doing. and there's been there important psychological barrier of 8%. does getting underneath that barrier to 7.8% really do much for president obama's talking point, that we have come a long way and now voters should let him finish the job, or do these kind of changes in numbers matter in washington but they're not what voters see around them so they're kind of a story here but not actually in the campaign. >> first of all i'm glad you asked alice the economi
, the economy was in freefall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to...
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global economy on the back of what the i.m.f. has recently said. firstly i would say the i.m.f. doesn't really have much credibility so i wouldn't be here whatever they say actually attests to waste of time just like the same as watching obama and romney feel they would learn anything new as a truth or was really happening they certainly wouldn't tell you what did i have predicted to personate financial crisis no way and they wouldn't tell you if there was a new one so don't rely on that but basically in our view so too there's an age when enterprises well it was never fixed not anywhere nearly to just a bit of weight or plastered over by putting government money at the problem and now as you have pointed out you know as a government that in all of the major western countries and in japan as well is extremely high and we think there isn't any solution now at this stage because the day is already out of control whether you know you try cutting to reduce the deficit is too late for that too late too late you know the u.s. fiscal ga
global economy on the back of what the i.m.f. has recently said. firstly i would say the i.m.f. doesn't really have much credibility so i wouldn't be here whatever they say actually attests to waste of time just like the same as watching obama and romney feel they would learn anything new as a truth or was really happening they certainly wouldn't tell you what did i have predicted to personate financial crisis no way and they wouldn't tell you if there was a new one so don't rely on that but...
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Oct 12, 2012
10/12
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CSPAN2
tv
eye 66
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the economy stopped. the economy did start to climb. it has been climbing. but to say we are working our way out of the great recession is not to deny that we continue to be at risk of a lost decade of great stagnation. and it is to addressing the challenge of the great stagnation that we must dedicate ourselves this election turns out. i would suggest five central elements in an economic strategy for spurring growth, raising demand and moving the economy forward. first, we are desperately short on public investment in this country. no one who has flown through kennedy airport can be proud of the gateway to the greatest city in the greatest nation on earth. few if any have the experience of flying out of kennedy airport to a foreign destination and encountering an airport that they regard less favorably than they regard kennedy airport. quoting the use of the 1916s and i suppose i was one, saying if not now, when? if not now, when the interest rate in the currency we print is 2.4% for 30 years. if not now, when the construction unemployment rate approaches 1
the economy stopped. the economy did start to climb. it has been climbing. but to say we are working our way out of the great recession is not to deny that we continue to be at risk of a lost decade of great stagnation. and it is to addressing the challenge of the great stagnation that we must dedicate ourselves this election turns out. i would suggest five central elements in an economic strategy for spurring growth, raising demand and moving the economy forward. first, we are desperately...
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246
Oct 13, 2012
10/12
by
CNN
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eye 246
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doing those two things now could hurt the economy in the near term. but if we don't start planning at least to rein in our spending, the economy would suffer even more in the long run. that's according to a study by economi economists. when a country's level of debt reaches 90% of gdp, its economy could shrink by one percentage point every year. at today's levels of government spending, we're headed to that 90% mark by 2014. wow! alice was director of the office of management and budget under president clinton and was first director of the congressional budget office. welcome to the program. >> thank you very much. >> now that i've terrified everyone, let's look at the short-term thinking here that led to the fiscal cliff. that in particular, if you think falling off the fiscal cliff can happen, senator allen simpson of simpson-bowles disagrees. >> they believe that no congress could be this stupid, and by god, they can. >> and by god, they can. in your career, have you ever seen congressional malpractice to this degree? >> i've never seen the country
doing those two things now could hurt the economy in the near term. but if we don't start planning at least to rein in our spending, the economy would suffer even more in the long run. that's according to a study by economi economists. when a country's level of debt reaches 90% of gdp, its economy could shrink by one percentage point every year. at today's levels of government spending, we're headed to that 90% mark by 2014. wow! alice was director of the office of management and budget under...
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102
Oct 16, 2012
10/12
by
KQED
tv
eye 102
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economy and what happens after the election. it's probably the number one headwind we're looking at. >> reporter: so the question remains: will the strong september spending momentum carry into the all important holiday season? it helps that consumer confidence is rising. >> households are feeling a lot more buoyant than they did last year. or at any point in the past five years. so i think that should translate into fairly decent consumer spending activity going into the holidays and perhaps beyond that. >> reporter: but it is clear that the iphone 5 will be a popular gift item this holiday season. an estimated 46 million are expected to be sold in the fourth quarter alone. but given their steep price tag, it could mean less money spent on other items. erika miller, "n.b.r.," new york. >> susie: while the iphone 5 was flying off store shelves in september, the outlook for consumer spending may not be as bright next year. a new survey of business economists shows the economy will need more than the apple effect to get moving. ru
economy and what happens after the election. it's probably the number one headwind we're looking at. >> reporter: so the question remains: will the strong september spending momentum carry into the all important holiday season? it helps that consumer confidence is rising. >> households are feeling a lot more buoyant than they did last year. or at any point in the past five years. so i think that should translate into fairly decent consumer spending activity going into the holidays...
SFGTV2: San Francisco Government Television
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Oct 29, 2012
10/12
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SFGTV2
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group around the sharing economy. we are the epicenter in san francisco. we have a role to help nurture the emerging space. there is a lot of value to be created here. i am really excited to be part of the panel seeing all of these great people next to me. >> the people on the panel are going to tell us about their companies. let's come straight down the line. >> i am a co-founder and ceo of viable, a community marketplace for travel experiences. anybody can offer their services to others as a guide, offering touristrs, sailing ships, cookig class. we have enabled terrorism -- tourism to access parts of the city it had never before accessed. restoring murals for example. we launched in 2011. we have been going for about a year. we're proud to be launched in san francisco and growing the platform here. >> i am the founder of a company called task rabbit, an online marketplace for people to outsource jobs to others. if you need dry cleaning pickup or groceries delivered, you can post that job. one of our over 1000 activ
group around the sharing economy. we are the epicenter in san francisco. we have a role to help nurture the emerging space. there is a lot of value to be created here. i am really excited to be part of the panel seeing all of these great people next to me. >> the people on the panel are going to tell us about their companies. let's come straight down the line. >> i am a co-founder and ceo of viable, a community marketplace for travel experiences. anybody can offer their services to...
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295
Oct 8, 2012
10/12
by
KTVU
tv
eye 295
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that's crucial for the economy. you really need to see that kick up into the 200- to 250,000s before we start making headway into the employment problem that we have right now. > > every month they revise that number, so that will probably be changing soon. > > sure. these all are- not guesses, but there's a lot of deviation around them. and as we saw, i think last year's employment numbers were revised up 384,000 are the latest numbers. > > we'll talk to you in a month to see if we can stop scratching our heads. brent scutte, from bmo private bank. thanks. still ahead, has the time come to start getting risky with your money? we'll find out next. ñçbÑ the stock market keeps heading higher. is now the time to start taking some risks with your money? brian kasal of fort dearborn group joins us this morning. good morning brian. > > good morning angie. > > what are you doing with your money right now? where are you investing? > > we're still investing in stocks. stocks are interesting here. money keeps flowing into
that's crucial for the economy. you really need to see that kick up into the 200- to 250,000s before we start making headway into the employment problem that we have right now. > > every month they revise that number, so that will probably be changing soon. > > sure. these all are- not guesses, but there's a lot of deviation around them. and as we saw, i think last year's employment numbers were revised up 384,000 are the latest numbers. > > we'll talk to you in a month to see...
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173
Oct 19, 2012
10/12
by
CNBC
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eye 173
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let's just look at the american economy, the european economy, and the china economy. and you tell me what you see. i don't see it getting worse, but i want to hear what you see. >> i see the u.s. economy improving slowly because we're basically not an export economy as much as china is. i see china continuing to worsen. you can't believe their numbers, but if you look under the numbers you'll see they're all eroding. if you look at what companies tell us, they're all eroding. and buying, they have been stimulating. fixed asset investments up 22% year over year. that's mind-boggling. you look at europe, austerity's going to hurt. 2013's going to be a year to go away from europe. you've had big gains there and stay with the u.s. so i see one economy, the biggest economy in the world, improving. if romney gets in, i think then we go into hyperdrive in the u.s. because it's still got to be jobs led and we don't have those jobs. >> what's your favorite investment right now, steve weiss? >> my favorite investment, my newest investment is i bought j & j. they have a new ceo.
let's just look at the american economy, the european economy, and the china economy. and you tell me what you see. i don't see it getting worse, but i want to hear what you see. >> i see the u.s. economy improving slowly because we're basically not an export economy as much as china is. i see china continuing to worsen. you can't believe their numbers, but if you look under the numbers you'll see they're all eroding. if you look at what companies tell us, they're all eroding. and buying,...